Do I Need Classic Car Insurance?

Classic cars are a fun hobby and a great investment opportunity. To make the most of your classic vehicles, you need the right insurance in place. At HeadSouth Insurance, serving Canton, GA, we provide you with the insurance services and information you need to make the best insurance choices. Keep reading to learn more. 

Do Classic Cars Need Special Insurance?

Your classic vehicles definitely need special insurance coverage. You know better than anyone that classic vehicles are not the same as regular cars. There is so much more invested in these vehicles. Both time and money go into making these vehicles works of art. You want to make sure that your investment is fully protected with the appropriate type of insurance. 

How Is Classic Car Coverage Determined?

Each classic car is a unique masterpiece, and that is why one size does not fit all when it comes to classic car insurance. In order to determine the proper amount of insurance coverage, you will need to sit down with an insurance representative. This professional will be able to evaluate the vehicle on an individual basis. 

You should provide the insurance agent with any applicable information concerning the purchase and rebuilding of the car. If you can provide detailed information concerning your investment in the car, that is even better. 

There are other benefits to classic car insurance as well. Because classic cars are not driven as much as regular vehicles, you will probably not need the same type of full-time coverage. You can talk with the insurance agent about this as well. 

If you would like to learn more, please contact us at HeadSouth Insurance, serving Canton, GA, and the surrounding areas. 

Why having renters insurance is a good idea

You may not have thought much about insurance to cover your rental unit as a renter. You may actually think that it is included with your rent. The building itself is covered, and so are any built-ins, and things that belong to the unit or the landlord but your personal things, are not covered. At HeadSouth Insurance in Canton, GA we believe that it is our job to share our knowledge with our customers and since only 40% of renters actually have insurance, that is a good place to start. 

Renters Insurance Facts

Renters insurance is not just one line; most renters insurance will have three lines. It will include content, liability, and loss of use. Once you realize what they can do for you in the way of protection, you will wonder why you ever went without it. 

Content coverage protects all the things that you own. Some categories will have limits, so be sure to check your policy so you are aware of the limits. You have two options for coverage. You can allow the depreciation to be figured in for things that are not new or choose the cost to actually replace the item, which is a bit more costly than the actual value. If you have many items you won’t replace anyway, you really can go with the actual value.  With this coverage, your possessions are covered in your rental and when you have them away from home with you.

Liability will cover you for anyone being injured while visiting your rental. It pays medical costs, judgment, and legal fees. 

Loss of use will help pay for a place for you to stay if your rental is so damaged you can’t live there. It will also cover some meals if you don’t have cooking facilities. 

Contact HeadSouth Insurance in Canton, GA when you are ready to discuss what renters insurance can do for you. 

 

Is RV Insurance Required?

Georgia offers an abundance of RV parks and campgrounds complete with spectacular lakes, lush forests, and one-of-a-kind sights. Traveling with your family or friends in an RV is a once-in-a-lifetime experience that creates lasting memories. Unfortunately, accidents do happen and if you fail to have the right insurance then you could be on the hook for significant money. RVs are not insignificant investments and driving one requires extra caution and care with mistakes more likely to happen. Specific to Georgia, you are required to carry minimum liability coverage on your RV to the following figures:

  • Bodily injury liability: $25,000 per person and $50,000 per accident
  • Property damage liability: $25,000 per accident
  • Uninsured motorist bodily injury*: $25,000 per person and $50,000 per accident
  • Uninsured motorist property damage*: $25,000 with a $250, $500, or $1000 deductible

However, due to the costs associated with repairing an RV and the likelihood of expensive repairs tied to causing a third-party accident, you’ll likely want to purchase higher coverage figures. RV insurance includes many of the same coverages as your personal auto insurance policy such as bodily injury, property damage, collision, comprehensive, personal injury protection, and uninsured/underinsured motorist. With that said, additional coverage offered only for RV owners includes vacation or campsite coverage, full-time coverage if you reside in your primary residence is your RV, and towing/roadside assistance. 

HeadSouth Insurance agents in Canton, GA are committed to finding you the best price for RV insurance. Learn more about why so many of our satisfied customers keep returning by giving us a call or visiting our office today to get started on insuring your RV. 

Motorcycle Insurance Policy Details

HeadSouth Insurance serves the Canton, GA community. We are an independent agency. We are proud to have working relationships with several carriers across the South. We offer our clients a large selection of policies so that they can obtain coverage that directly aligns with their individual needs. We will take time to analyze your situation so that you will be covered both now and in the future.

Motorcycle Insurance Policy Details

There are many beautiful summer days throughout Canton, GA when you can enjoy a nice ride on your motorcycle. It’s important to have protection while you’re out on the road. Motorcycle insurance covers you as you deal with the relatively high risks involved with operating a motorcycle. You are covered if your motorcycle suffers damage in a collision with a car or some other object. You can add comprehensive coverage for more protection. The policy covers you in unique situations. Maybe severe weather moves into the area and debris cracks your windshield. Maybe you are a victim of theft. Comprehensive coverage protects you in those situations.

Liability coverage protects you if you are held responsible for your motorcycle causing damage. If you ride your motorcycle with a passenger in the back, personal injury protection covers their medical treatment if they are injured in an accident. You can add custom coverage to your policy. Roadside assistance may come in handy if you frequently ride your motorcycle out of town. If your motorcycle suffers engine failure or one of your tires is damaged, you will receive urgent roadside service to help you. If your motorcycle needs serious repairs, you can add interruption coverage. If you’re stranded, interruption coverage will help you find a temporary place to lodge until your motorcycle is repaired.

HeadSouth Insurance Will Help You Protect Your Assets

Visit our website to learn more information about motorcycle insurance.  

What Should You Know About Boat Insurance?

If you are a boat owner, and you do boating regularly, you have to think about safety and protect yourself and other people when you are on the water. One of the best ways to do it is to get proper insurance. If you have never had this type of insurance before and want to know more about it, here is the information you need. 

What Types of Boats Does Boat Insurance Cover?

A standard boat insurance policy covers many types of boats, including powerboats, sailboats, fishing boats, pontoon boats, personal watercraft (including waverunners and jet skis), and others. 

What Does Boat Insurance Cover?

Typical boat insurance covers the boat itself, as well as injuries caused to others while boating. The most common coverages included in standard boat insurance are the following: 

  • Liability coverage. It covers any damages and injuries that you cause to others while boating. 
  • Physical damage coverage. This coverage includes two types of coverage – both comprehensive and collision. They pay for damages from events that are outside your control, such as fire, theft, or destructive weather conditions. 
  • Uninsured and underinsured boaters. This coverage will pay for damages and injuries if you are hit by a boater with either insufficient boat insurance or no insurance at all. 

What Is Not Covered By Boat Insurance?

Usually, boat insurance does not cover regular wear and tear, damages caused by animals, mold, and insect damage. 

HeadSouth Insurance – Independent Insurance Agency Serving Clients In Canton, GA

If you are a boat owner from Georgia and you are currently shopping for boat insurance to protect your watercraft and yourself, you should contact HeadSouth Insurance. We are dedicated to providing our clients in Canton, GA and other nearby towns with different types of insurance, including boat insurance as well. If you have any questions, feel free to contact us. 

Umbrella Insurance Overview

HeadSouth Insurance serves the Canton, GA community. We are an independent insurance agency. We work closely with multiple carriers throughout the South. We strive to help our clients find policies that will cover them in any situation. We will help you evaluate your options and find the best policy.

Umbrella Insurance Overview

Sometimes accidents happen when you least expect it. If you are unprepared, you could lose everything. Umbrella insurance can protect you in these situations. Umbrella insurance is supplemental coverage that protects you in serious liability situations and prevents you from losing your assets. Umbrella insurance is often used to assist with home or auto liability situations. Perhaps your pet is having a bad day, and they attack someone at your Canton GA residence. You are protected if the injured party pursues legal action. Maybe your negligence accidentally causes a serious auto accident. You are covered if anyone pursues litigation for the injuries that they sustained.

Maybe you are hosting a party at your home and one of your guests gets intoxicated and starts a fight or damages property. Someone could slip as they as getting out of your swimming pool and suffer an injury. These are common cases where umbrella insurance acts as a safety net.

Umbrella insurance takes over once you have reached the limit on your other liability coverage. If your occupation involves mentorship or providing advice, umbrella insurance can also benefit you. You could be held liable for something that you say. In the past, people have faced allegations of slander and defamation of character. Umbrella insurance can help you protect your reputation and your assets.

HeadSouth Insurance Will Help You Protect Your Assets

Visit our website to learn more information about umbrella insurance.

Condo insurance FAQs

Owning a condo offers many benefits. It is one way to break into the housing market, especially in areas where free-standing homes are priced so that many people can’t afford them. They are also great for those who don’t want a lot of yard work but prefer owning their own place to renting. At HeadSouth Insurance in Canton, GA, we are here to help you to insure your condo and to make sure you get the right coverage for the right price. 

Do I need condo insurance?

The state of Georgia doesn’t require it but your lender will. Your condo association may also require that you insure your condo. Beyond that, given the amount you have invested in your condo, protecting it makes good financial sense. 

Does my condo association have insurance?

Yes, your condo association has a master policy that covers the exterior of the complex and the common areas. You are responsible for your personal unit and the contents. 

Do I need to cover what is behind the walls of my condo?

It depends on the type of master policy your condo association has. There are several different types and how far they cover into your unit depends on which one they have. It is up to you to know what their coverage is so that you can have the correct amount of coverage. 

What does condo insurance cover?

Condo insurance has several different areas of protection that it provides. 

Liability insurance- If someone is injured while visiting your condo or by a member of your family, liability insurance will help pay for medical and legal bills as well as a judgment against you. 

Contents insurance- Your personal property is covered by your condo insurance. 

Loss of use– If your condo is damaged by a covered peril and you are not able to occupy it, this coverage will help pay for expenses related to staying somewhere until you can move back home. 

Contact HeadSouth Insurance in Canton, GA with all your condo insurance needs. 

Life Insurance and Estate Planning

At HeadSouth Insurance, we want Canton, GA residents to enjoy a financially secure future. That requires planning in the present and life insurance provides one of the key tools for providing for your financial security now and later.

Life insurance works as an estate planning tool to protect beneficiaries with a death benefit while letting the policy owner also build an investment account. This lets you plan for the present and the future at once. Here’s how that works.

You purchase a whole life insurance policy with a feature called a cash value savings account or a cash value investment account. With these insurance policies, you pay a premium each month just as you would any other policy. When the insurance agency receives the premium, the agent divides it into two parts. The first part pays the whole life premium which provides your death benefit. That benefit goes to the beneficiary that you designate in your policy. The cash value account receives the other part of the premium.

All cash value accounts work like savings accounts. Some of these accounts also feature an investment component. If the cash value portion only functions as a savings account, it typically provides a high-yield rate of return through earning interest. If it also uses an investment tool, the money in the account gets invested along with other individuals’ account money to earn dividends on stocks. Most of these accounts guarantee a minimum return on investment, but not all. Some of these accounts use a technique called indexing. In these cases, the account invests in the same stocks at the same percentage as an index investment account, typically the Standard & Poor’s 500 Index, often referred to as the S&P 500 Index.

Throughout the life of the cash-value account, you can borrow against it as it qualifies as property for collateral. Some accounts let you withdraw money after the accounts vests. This only reduces the amount in the savings account. The value of the death benefit remains the same regardless, as long as you pay the premium.

Contact HeadSouth Insurance serving Canton, GA to learn more about life insurance as an estate planning tool and a financial instrument. It does much more than just pay your beneficiary when you pass away, so long as you choose a cash value account policy.

Roadside Assistance Information

The experts at HeadSouth Insurance understand the need drivers have for accessing roadside assistance. Those in Canton, GA can benefit from having roadside assistance when they run out of gas, their vehicle breaks down, or experience any other difficulty when driving. In addition, roadside assistance is available through different organizations, such as insurance companies, for their finance company, and membership clubs. 

Here is some basic information about roadside assistance: 

Do Insurance Companies Offer Roadside Assistance? 

Most insurance companies offer a roadside assistance option for their clients. This coverage is an add-on coverage option that provides assistance to motorists with towing assistance, gas, flat tires, and keys locked in the vehicle. 

Towing Services

Most roadside assistance coverage provides towing services for stranded motorists. The towing service takes the vehicle to the nearest service station for a flat fee. There are limits to this coverage, and there may be additional charges based on the mileage to the service station. Towing assistance also provides a battery jump or replacement, vehicle extraction, lockout service, fuel delivery, and flat tire assistance. Some roadside assistance companies also offer roadside maintenance and repairs. 

Do I Need to Keep Anything in My Car for Roadside Emergencies?

Even if you have roadside assistance, there are some things you should keep in your car to keep you safe on the side of the road. Your emergency roadside assistance kit should contain a flashlight, battery-operated radio, blankets, water, energy bars, jumper cables, cold-weather clothing, shovel, portable battery charges, rope, shears, and hose clamps. Keeping essential tools, such as a screwdriver and wrench, along with a first aid kit is also highly recommended. 

Those seeking to purchase roadside assistance coverage in Canton, GA should give out agents at HeadSouth Insurance for additional information.

How Does Home Insurance Protect My Canton GA Home?

With budgets thinning out every year, it’s not unusual to find a Canton, GA homeowner asking why they should continue paying home insurance premiums. While the reality is that everyone wants to save, there are expenses that you can’t shelve off your budget because they save you substantial financial losses in the future. Home insurance is one such cost that you can’t escape if you want to protect your home investment from perils like fire, theft, hail, storms, water damage, and so forth. 

If you ever find yourself wondering how home insurance protects you, remember how much you have put in your investment. Home insurance from HeadSouth Insurance protects your home, as elaborated below.

Protection of your structure

Home insurance protects your home from damage or loss against perils like hail, fire, and many other risks. This way, you don’t have to rebuild or repair your home from scratch when disaster strikes. Besides, home insurance protects other attachments to your home from the same perils that threaten your main structure.

  • Pro-tip: When insuring your home, ensure that the value covers the replacement cost of your home. In other terms, the value covered should be equivalent to the amount it would cost if your home were to be built from scratch. Unfortunately, some homeowners use the market value, ending up overpaying or underpaying their premiums. 

Protection of personal belongings

Many people don’t value the assets they own until they undertake an inventory count of their belongings. Home insurance covers your assets from damage or loss, saving you the financial hassle of buying your valuables from scratch when disaster strikes.  

Detached structures protection

At an additional premium (usually 10% of your home insurance rate), home insurance protects detached structures like the swimming pool, garage, and shed from damage, lessening your financial burden when disaster strikes. 

Buy home insurance in Canton, GA!

Additionally, home insurance protects homeowners and their family members by providing liability coverage and additional living expenses (ALE) coverage. Given how vital home insurance is, it’s time to purchase coverage from HeadSouth Insurance. Contact us today for an affordable quote.